RCM Technologies files to sell up to $50M of common stock in at-the-market offering

Filed May 8, 2024 · ~1 min read

Key Changes

• high

  RCM Technologies may sell up to $50.0 million of common stock from time to time in at-the-market offerings, with proceeds going to the company.

  The Offering verify on EDGAR →
• medium

  Net proceeds are intended for general working capital, with possible acquisitions, and will be invested in investment-grade securities pending use.

  Use of Proceeds verify on EDGAR →
• medium

  The stock's last reported sale price on Nasdaq was $19.14 per share on May 7, 2024, and it has traded between $10.32 and $31.91 over the past 16 months.

  Risk Factors verify on EDGAR →